Accommodation providers urged to end demanding deposit from NSFAS funded college students



The National Student Financial Aid Scheme (NSFAS) has urged landlords never to require a deposit or top-up payment from NSFAS-funded students.

This arrives immediately after NSFAS received experiences about some accommodation suppliers who need NSFAS-funded students to pay a deposit or top-up payment so as to get use of the authorized private accommodation.

Friday, February 7, 2025
"NSFAS reminds accommodation providers of your compulsory conditions, as provided by the Standardised Fixed-Term Lease Settlement amongst the private accommodation vendors and NSFAS funded students," NSFAS mentioned in a statement on Thursday.

The Standardised Fixed-Term Lease Agreement states that the lease will likely be paid out regular for the accommodation provider (lessor) by NSFAS, on behalf of your lessee (NSFAS funded student), in accordance with the NSFAS conditions and terms for personal accommodation companies’ participation on the student accommodation portal.

"The lessor may not call for or allow the lessee to pay a deposit, top-up payments, or any other kinds of payment into the lessor, or some other person in reference to this arrangement, which includes payment of hire, though awaiting payment from NSFAS. The lessor shall have no here recourse in opposition to the lessee nsfas student document submission deadline for any default during the payment of rent by NSFAS," the agreement reads.

The NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded due to an incorrect choice by NSFAS, the coed won't be answerable for payment of any arrear rent towards the accommodation supplier, up until the date of being defunded."

NSFAS spelled out that in which the NSFAS-funded student chooses to carry nsfas tvet on occupying the leased premises, notwithstanding currently being defunded by NSFAS, the student are going to be liable for payment of rent on the lessor in the date of becoming defunded.

"Where the student is defunded by NSFAS due to click here a misrepresentation by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for payment of all rent due to the accommodation provider.

"Where the student moves, accommodation providers without the prior approval of NSFAS, NSFAS may elect not to pay any rental to the new accommodation provider, and any such rental payments will be for the student own account," the scheme said.

The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt with in get more info accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za

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